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Amadeus and Hutchison-Priceline Travel sign strategic partnership

Amadeus and Hutchison-Priceline (Travel) Ltd. today announce the signing of a strategic agreement that marks the 9th anniversary of collaboration between the two companies.

Hong Kong, 26 May 2015: Amadeus and Hutchison-Priceline (Travel) Ltd. today announce the signing of a strategic agreement that marks the 9th anniversary of collaboration between the two companies.

Under the contract, Hutchison-Priceline’s online travel agency, priceline.com.hk, will continue to enjoy the rich content and superior shopping solutions provided by Amadeus.

Mr. Tony Ma, Chief Executive Officer of Hutchison-Priceline (Travel) Ltd., expressed his appreciation for Amadeus’ partnership and support all these years, commenting, “Amadeus has a very sincere and supportive team. Their spirit of partnership and professionalism has been one of the instrumental forces supporting our business growth all these years. We are pleased to collaborate with such an outstanding partner to explore new business opportunities for expanding our frontier in the online space.”

Mr. Louis Lee, General Manager of Amadeus Hong Kong, said “We are proud to be the power behind the famous Hutchison-Priceline travel brand since 2006, supporting them with our highest quality air content and best fare findability and bookability that is second to none in the region.”

He continued, “Amadeus is devoted to developing and enhancing the technology that empowers e-commerce capability for our industry partners. Nowadays, it is not enough to simply offer the cheapest fare to your customers, you need to engage with them at the inspiration stage. Amadeus continues to develop solutions that enable personalisation and traveller inspiration, ahead of the industry. This is how we endeavour to shape the future of travel and keep our partners in the most competitive position.”

The Amadeus group employs around 12,000 people worldwide, across central sites in Madrid (corporate headquarters), Nice (development) and Erding (operations), as well as 71 local Amadeus Commercial Organisations globally.

The group operates a transaction-based business model. For the year ended December 31, 2014 the company reported revenues of €3,417.7 million and EBITDA of €1,306 million.

Amadeus is listed on the Spanish Stock Exchange under the symbol "AMS.MC" and is a component of the IBEX 35 index.

To find out more about Amadeus please visit www.amadeus.com, and www.amadeus.com/blog for more on the travel industry.

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